US EditionJyoti CNC Share Price Declines After Block Deal Of 6% Equity
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Jyoti CNC Share Price Declines After Block Deal Of 6% Equity
Jyoti CNC Automation Ltd. witnessed a decline in its share price on Monday, dropping over 4% following a block deal involving 6% of its equity. Shareholders sold shares through block deals, amounting to at least Rs 1,542 crore.Nearly 1.37 crore shares were offered in the secondary market, representing a 6% stake in the Rajkot-based machine tool manufacturer. On Friday, the floor price was set at Rs 1,125.6 per share, matching Friday's closing pr…
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